$1 million guaranteed or 50% chance at $100 million.

[Kanil 520]

Don't get me wrong, $1m would change my life but it's not going to make it a ton different. I'm still working every day for the next 20 years instead of the next 30. With $100m my life (and my grandkids lives) are completely changed.

[Mookz 1,291]

Not only would I take the 1 million. I would be super boring and put almost all of it in the bank or retirement fund.

Probably 1 party/trip for a few thousand, give a few small gifts, then pretend like it never happened.

 

Sometimes I think we are financial soulmates.

[DankNuggs 305]

This is what finance calls your risk profile.

 

For example, when you are planning for retirement, as a young worker you will tend to invest in relatively riskier, higher upside investments as you have a longer time before you need the money (and to make it up on a downswing). As you near retirement people tend to get much more conservative or risk free...

[RaiderHaters Revenge 3,689]

1 million wouldnt change my life, 100 million would set up every generation in my family to come

 

I go for 100 every day

 

gimme 5 yrs and i'll almost have a mil saved and where do I sign up to make this bet putting up my own mil

[Cruzer 1,993]

1 million wouldnt change my life.

 

gimme 5 yrs and i'll almost have a mil saved and where do I sign up to make this bet putting up my own mil

If you can save $200 grand a year, your future generations are prolly already ok.

[RaiderHaters Revenge 3,689]

If you can save $200 grand a year, your future generations are prolly already ok.

 

I cant save 200k a yr, I have saved about 40k a yr for the last 18 yrs though

[The Moz 69]

If this were a real offer and I have 24 hours, I take the big money offer to Lloyd's of London and take their first 10 cents on the dollar offer for the coin flip.

 

Drops mic

gotta admit this post was ... the win. Turn a coin flip into a gaurenteed 10 million

[Herbivore 920]

gotta admit this post was ... the win. Turn a coin flip into a gaurenteed 10 million

 

For the win...if you add some criteria.

[The Moz 69]

 

For the win...if you add some criteria.

go to lol and hedge the 100 mil coin flip. You get 10 million regarless.

[DankNuggs 305]

gotta admit this post was ... the win. Turn a coin flip into a gaurenteed 10 million

No hedge allowed

[gutterslut 1]

1 mil only saves you from working for 6-7 years. Change the 1 mil to 5 mil and I'm in, otherwise going for ot all.

[IGotWorms 3,475]

gotta admit this post was ... the win. Turn a coin flip into a gaurenteed 10 million

 

The only reason every other poster didn't suggest something similar is we were explicitly told that it wasn't allowed under the hypothetical scenario

[mmmmm...beer 692]

Easy.. 1 million in hand. I can retire in less than 10 years at 50. To already have the house and kids tuition paid off and have 500k additional for my annuities.... easy.

[Kanil 520]

So much terrible in this thread... so, so much.

[penultimatestraw 473]

So much terrible in this thread... so, so much.

Yeah, I thought it was a no-brainer at first. But the safe $ side has made a pretty compelling case.